When it is about Bitcoin and other digital currencies, mining does not imply tunneling into the ground and then hauling the ore out. It is a computerized process where the miners will have to solve complex mathematical problems to create a block. Mining through cloud computing power functions are mining …
Read More »DeFi Pulse: Why Is This Important In Crypto Space?
With its increase in popularity, the DeFi space has welcomed a range of newcomers. This is the reason, websites like DeFi Pulse are so highly valued. This website can be considered as the CoinMarketCap of DeFi projects. In this article, we will see what this website is, and how it …
Read More »Wash Trading: An Easy Explanation Along With Effective Example
You have undoubtedly known about NFTS (non fungible tokens) and you may have many questions on that matter. In recent times, we have seen a strange tendency in the sector. Some creators are beginning to purchase, generating skepticism in the industry. What do we call this? Is it wash trading? …
Read More »Simple Explanation Of Dollar Cost Averaging In Respect To Cryptocurrency
This article will give you an overview of what is Dollar Cost Averaging strategy is in respect to digital currencies. Cryptocurrency day trading has risks, requires a significant amount of time, and research. Moreover, the fluctuations in the values of the cryptos may result in active traders losing a good …
Read More »Crypto Winter: Why Is It Considered Important By Enthusiasts?
In 2013, Bitcoin investors had ideal reasons to panic as they witnessed the flagship fall of crypto which was nearly 80% down. After the price of crypto increased, enthusiasts had to wait until 2020 to regain their prior highs. Thus many could assert that until 2018, the crypto space was …
Read More »Here Is An Easy Explanation Of Cryptographic Hash Functions
What is the four letter word that implies a tasty breakfast and also a plant that has pointy leaves? If you guessed “hash” then you are absolutely correct. But other than that, this word also has implications in the cryptographic domain and that is what we are going to discuss …
Read More »A Simple Explanation On The Concept Of Wrapped Tokens
There are stablecoins, altcoins, meme coins, and there are wrapped tokens like wrapped Bitcoin (WBTC), wrapped Ethereum (WETH), and also there is wrapped Dogecoin (WDOGE). It seems that almost every digital currency can be wrapped and they are crucial in the Defi space. So let us quickly have a look …
Read More »Fiat To Crypto Exchanges: Important Guide For All Cryptocurrency Traders
Fiat to crypto exchanges is an important component of the crypto space. These platforms enable users to buy crypto using traditional financial methods like debit cards, bank accounts, or credit cards. Hence, these exchanges play a vital role in introducing new capital into the space. There was a period before …
Read More »Public Blockchain: Why Is This Always A Better Option?
In reality, there are a lot of varied types of blockchain technology ideal for varied use cases. For instance, there are public blockchain, private blockchains, and also federated blockchains. Every single one of them is distinct from one another. However, if you do not understand how each type impacts your …
Read More »Definition & Benefits Of Central Bank Digital Currency: The New Crypto
In recent times there has been a huge hype about the Central Bank Digital Currency which is also known as CBDC. But what is CBDC and how is it different from a cryptocurrency? In this article, we will find the answers to all these questions. What Is A Central Bank …
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